View Past PerformanceFunctional Brands バランスシートの健全性財務の健全性 基準チェック /06Functional Brandsの総株主資本は$-4.5M 、総負債は$8.0Mで、負債比率は-177.8%となります。総資産と総負債はそれぞれ$7.2Mと$11.7Mです。主要情報-177.78%負債資本比率US$8.02m負債インタレスト・カバレッジ・レシオn/a現金US$1.08mエクイティ-US$4.51m負債合計US$11.72m総資産US$7.21m財務の健全性に関する最新情報お知らせ • Jun 16Functional Brands Inc Receives Notification of Nasdaq Delisting Due to Non-Compliance with Listing RulesOn June 9, 2026, Functional Brands Inc. received a written notification (the Staff Determination) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq) indicating that Nasdaq had determined to delist the Company's common stock from The Nasdaq Capital Market. The Staff Determination was issued pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the Low Priced Stocks Rule). As previously disclosed, on December 30, 2025, the Company received notice from Nasdaq that the closing bid price of the Company's common stock had been below $1.00 per share for 30 consecutive business days and that the Company was therefore not in compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share for continued listing on The Nasdaq Capital Market (the Bid Price Requirement). At that time, the Company was afforded 180 calendar days, or until June 29, 2026, to regain compliance with the Bid Price Requirement. The Staff Determination states that, as of June 8, 2026, the Company's common stock had a closing bid price of $0.10 or less for ten consecutive trading days. Under the Low Priced Stocks Rule, if during any compliance period a company's security has a closing bid price of $0.10 or less for ten consecutive trading days, the Listing Qualifications Department is required to issue a Staff Delisting Determination. As a result, Nasdaq has determined to delist the Company's common stock and stated that trading of the Company's common stock will be suspended at the opening of business on June 16, 2026, and that a Form 25-NSE will be filed with the Securities and Exchange Commission to remove the Company's securities from listing and registration on The Nasdaq Stock Market. The Company may request a hearing before the Nasdaq Hearings Panel (the Panel) to appeal the Staff Determination, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. A hearing request must be submitted, along with a non-refundable fee of $20,000, no later than 4:00 p.m. Eastern Time on June 16, 2026. There can be no assurance that the Company would be successful in any appeal or that it will be able to regain compliance with Nasdaq's listing requirements within the timeframe that may be provided by the Panel, or at all. Pursuant to Nasdaq Listing Rule 5815(a)(1)(B)(ii)(e), a timely request for a hearing will not stay the trading suspension of the Company's common stock.お知らせ • Jan 04Functional Brands Inc. Receives Notice of Nasdaq Deficiency Letter for Minimum Bid Price ComplianceOn December 30, 2025, Functional Brands Inc. (the “Company”) received a deficiency letter from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s common stock has been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). The Nasdaq deficiency letter has no immediate effect on the listing of the Company’s common stock, and its common stock will continue to trade on The Nasdaq Capital Market under the symbol “MEHA” at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A) the Company has been provided a compliance period of 180 calendar days, or until June 29, 2026, in which to regain compliance with the minimum bid price requirement. If the Company evidences a closing bid price of at least $1 per share for a minimum of 10 consecutive business days during the 180-day compliance period, the Company will automatically regain compliance. In the event the Company does not regain compliance with the $1 bid price requirement by June 29, 2026, the Company may be eligible for consideration of a second 180-day compliance period if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq’s Capital Market, other than the minimum bid price requirement. In addition, the Company would also be required to notify Nasdaq of its intent to cure the minimum bid price deficiency. If the Company does not regain compliance with the Minimum Bid Price Requirement by the end of the compliance period (or the second compliance period, if applicable), the Company’s common stock will become subject to delisting. In the event that the Company receives notice that its common stock is being delisted, the Nasdaq listing rules permit the Company to appeal a delisting determination by the Staff to a hearings panel. The Company intends to monitor the closing bid price of its common stock and may, if appropriate, consider available options to regain compliance with the Minimum Bid Price Requirement, including initiating a reverse stock split. However, there can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement or will otherwise be in compliance with other Nasdaq Listing Rules.すべての更新を表示Recent updatesお知らせ • Jun 17Functional Brands Inc.(OTCPK:MEHA) dropped from NASDAQ Composite IndexFunctional Brands Inc.has been dropped from the NASDAQ Composite Indexお知らせ • Jun 16Functional Brands Inc Receives Notification of Nasdaq Delisting Due to Non-Compliance with Listing RulesOn June 9, 2026, Functional Brands Inc. received a written notification (the Staff Determination) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq) indicating that Nasdaq had determined to delist the Company's common stock from The Nasdaq Capital Market. The Staff Determination was issued pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the Low Priced Stocks Rule). As previously disclosed, on December 30, 2025, the Company received notice from Nasdaq that the closing bid price of the Company's common stock had been below $1.00 per share for 30 consecutive business days and that the Company was therefore not in compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share for continued listing on The Nasdaq Capital Market (the Bid Price Requirement). At that time, the Company was afforded 180 calendar days, or until June 29, 2026, to regain compliance with the Bid Price Requirement. The Staff Determination states that, as of June 8, 2026, the Company's common stock had a closing bid price of $0.10 or less for ten consecutive trading days. Under the Low Priced Stocks Rule, if during any compliance period a company's security has a closing bid price of $0.10 or less for ten consecutive trading days, the Listing Qualifications Department is required to issue a Staff Delisting Determination. As a result, Nasdaq has determined to delist the Company's common stock and stated that trading of the Company's common stock will be suspended at the opening of business on June 16, 2026, and that a Form 25-NSE will be filed with the Securities and Exchange Commission to remove the Company's securities from listing and registration on The Nasdaq Stock Market. The Company may request a hearing before the Nasdaq Hearings Panel (the Panel) to appeal the Staff Determination, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. A hearing request must be submitted, along with a non-refundable fee of $20,000, no later than 4:00 p.m. Eastern Time on June 16, 2026. There can be no assurance that the Company would be successful in any appeal or that it will be able to regain compliance with Nasdaq's listing requirements within the timeframe that may be provided by the Panel, or at all. Pursuant to Nasdaq Listing Rule 5815(a)(1)(B)(ii)(e), a timely request for a hearing will not stay the trading suspension of the Company's common stock.New Risk • May 18New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$1.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.9m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-US$4.5m). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (US$1.88m market cap).Reported Earnings • May 18First quarter 2026 earnings released: US$0.36 loss per share (vs US$0.018 loss in 1Q 2025)First quarter 2026 results: US$0.36 loss per share (further deteriorated from US$0.018 loss in 1Q 2025). Revenue: US$1.65m (up 3.5% from 1Q 2025). Net loss: US$6.99m (loss widened US$6.86m from 1Q 2025).New Risk • Apr 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Market cap is less than US$10m (US$2.68m market cap).Reported Earnings • Mar 30Full year 2025 earnings released: EPS: US$0.092 (vs US$0.084 loss in FY 2024)Full year 2025 results: EPS: US$0.092 (up from US$0.084 loss in FY 2024). Revenue: US$6.61m (flat on FY 2024). Net income: US$758.5k (up US$1.32m from FY 2024). Profit margin: 12% (up from net loss in FY 2024).お知らせ • Jan 04Functional Brands Inc. Receives Notice of Nasdaq Deficiency Letter for Minimum Bid Price ComplianceOn December 30, 2025, Functional Brands Inc. (the “Company”) received a deficiency letter from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s common stock has been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). The Nasdaq deficiency letter has no immediate effect on the listing of the Company’s common stock, and its common stock will continue to trade on The Nasdaq Capital Market under the symbol “MEHA” at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A) the Company has been provided a compliance period of 180 calendar days, or until June 29, 2026, in which to regain compliance with the minimum bid price requirement. If the Company evidences a closing bid price of at least $1 per share for a minimum of 10 consecutive business days during the 180-day compliance period, the Company will automatically regain compliance. In the event the Company does not regain compliance with the $1 bid price requirement by June 29, 2026, the Company may be eligible for consideration of a second 180-day compliance period if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq’s Capital Market, other than the minimum bid price requirement. In addition, the Company would also be required to notify Nasdaq of its intent to cure the minimum bid price deficiency. If the Company does not regain compliance with the Minimum Bid Price Requirement by the end of the compliance period (or the second compliance period, if applicable), the Company’s common stock will become subject to delisting. In the event that the Company receives notice that its common stock is being delisted, the Nasdaq listing rules permit the Company to appeal a delisting determination by the Staff to a hearings panel. The Company intends to monitor the closing bid price of its common stock and may, if appropriate, consider available options to regain compliance with the Minimum Bid Price Requirement, including initiating a reverse stock split. However, there can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement or will otherwise be in compliance with other Nasdaq Listing Rules.Reported Earnings • Dec 16Third quarter 2025 earnings released: EPS: US$0.037 (vs US$0.043 loss in 3Q 2024)Third quarter 2025 results: EPS: US$0.037 (up from US$0.043 loss in 3Q 2024). Revenue: US$1.69m (up 21% from 3Q 2024). Net income: US$259.0k (up US$547.1k from 3Q 2024). Profit margin: 15% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue.Board Change • Nov 06Less than half of directors are independentFollowing Independent Director Lourdes Felix's arrival on 01 November 2025, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Lourdes Felix was the last independent director to join the board, commencing their role in the last week. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.財務状況分析短期負債: MEHAは マイナスの株主資本 を有しており、これは 短期資産 が 短期負債 をカバーしていないことよりも深刻な状況です。長期負債: MEHAは株主資本がマイナスであり、これは短期資産が 長期負債 をカバーしていないことよりも深刻な状況です。デット・ツー・エクイティの歴史と分析負債レベル: MEHAは 株主資本がマイナス となっており、これは高い負債レベルよりも深刻な状況です。負債の削減: MEHAの株主資本はマイナスなので、時間の経過とともに負債が減少したかどうかを確認する必要はありません。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: MEHAは、現在の フリーキャッシュフロー に基づくと、キャッシュランウェイ が 1 年未満です。キャッシュランウェイの予測: フリーキャッシュフローが毎年25 % の歴史的率で成長し続ける場合、 MEHAのキャッシュランウェイは 1 年未満になります。健全な企業の発掘7D1Y7D1Y7D1YHousehold 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/02 01:56終値2026/07/02 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Functional Brands Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
お知らせ • Jun 16Functional Brands Inc Receives Notification of Nasdaq Delisting Due to Non-Compliance with Listing RulesOn June 9, 2026, Functional Brands Inc. received a written notification (the Staff Determination) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq) indicating that Nasdaq had determined to delist the Company's common stock from The Nasdaq Capital Market. The Staff Determination was issued pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the Low Priced Stocks Rule). As previously disclosed, on December 30, 2025, the Company received notice from Nasdaq that the closing bid price of the Company's common stock had been below $1.00 per share for 30 consecutive business days and that the Company was therefore not in compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share for continued listing on The Nasdaq Capital Market (the Bid Price Requirement). At that time, the Company was afforded 180 calendar days, or until June 29, 2026, to regain compliance with the Bid Price Requirement. The Staff Determination states that, as of June 8, 2026, the Company's common stock had a closing bid price of $0.10 or less for ten consecutive trading days. Under the Low Priced Stocks Rule, if during any compliance period a company's security has a closing bid price of $0.10 or less for ten consecutive trading days, the Listing Qualifications Department is required to issue a Staff Delisting Determination. As a result, Nasdaq has determined to delist the Company's common stock and stated that trading of the Company's common stock will be suspended at the opening of business on June 16, 2026, and that a Form 25-NSE will be filed with the Securities and Exchange Commission to remove the Company's securities from listing and registration on The Nasdaq Stock Market. The Company may request a hearing before the Nasdaq Hearings Panel (the Panel) to appeal the Staff Determination, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. A hearing request must be submitted, along with a non-refundable fee of $20,000, no later than 4:00 p.m. Eastern Time on June 16, 2026. There can be no assurance that the Company would be successful in any appeal or that it will be able to regain compliance with Nasdaq's listing requirements within the timeframe that may be provided by the Panel, or at all. Pursuant to Nasdaq Listing Rule 5815(a)(1)(B)(ii)(e), a timely request for a hearing will not stay the trading suspension of the Company's common stock.
お知らせ • Jan 04Functional Brands Inc. Receives Notice of Nasdaq Deficiency Letter for Minimum Bid Price ComplianceOn December 30, 2025, Functional Brands Inc. (the “Company”) received a deficiency letter from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s common stock has been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). The Nasdaq deficiency letter has no immediate effect on the listing of the Company’s common stock, and its common stock will continue to trade on The Nasdaq Capital Market under the symbol “MEHA” at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A) the Company has been provided a compliance period of 180 calendar days, or until June 29, 2026, in which to regain compliance with the minimum bid price requirement. If the Company evidences a closing bid price of at least $1 per share for a minimum of 10 consecutive business days during the 180-day compliance period, the Company will automatically regain compliance. In the event the Company does not regain compliance with the $1 bid price requirement by June 29, 2026, the Company may be eligible for consideration of a second 180-day compliance period if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq’s Capital Market, other than the minimum bid price requirement. In addition, the Company would also be required to notify Nasdaq of its intent to cure the minimum bid price deficiency. If the Company does not regain compliance with the Minimum Bid Price Requirement by the end of the compliance period (or the second compliance period, if applicable), the Company’s common stock will become subject to delisting. In the event that the Company receives notice that its common stock is being delisted, the Nasdaq listing rules permit the Company to appeal a delisting determination by the Staff to a hearings panel. The Company intends to monitor the closing bid price of its common stock and may, if appropriate, consider available options to regain compliance with the Minimum Bid Price Requirement, including initiating a reverse stock split. However, there can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement or will otherwise be in compliance with other Nasdaq Listing Rules.
お知らせ • Jun 17Functional Brands Inc.(OTCPK:MEHA) dropped from NASDAQ Composite IndexFunctional Brands Inc.has been dropped from the NASDAQ Composite Index
お知らせ • Jun 16Functional Brands Inc Receives Notification of Nasdaq Delisting Due to Non-Compliance with Listing RulesOn June 9, 2026, Functional Brands Inc. received a written notification (the Staff Determination) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq) indicating that Nasdaq had determined to delist the Company's common stock from The Nasdaq Capital Market. The Staff Determination was issued pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the Low Priced Stocks Rule). As previously disclosed, on December 30, 2025, the Company received notice from Nasdaq that the closing bid price of the Company's common stock had been below $1.00 per share for 30 consecutive business days and that the Company was therefore not in compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share for continued listing on The Nasdaq Capital Market (the Bid Price Requirement). At that time, the Company was afforded 180 calendar days, or until June 29, 2026, to regain compliance with the Bid Price Requirement. The Staff Determination states that, as of June 8, 2026, the Company's common stock had a closing bid price of $0.10 or less for ten consecutive trading days. Under the Low Priced Stocks Rule, if during any compliance period a company's security has a closing bid price of $0.10 or less for ten consecutive trading days, the Listing Qualifications Department is required to issue a Staff Delisting Determination. As a result, Nasdaq has determined to delist the Company's common stock and stated that trading of the Company's common stock will be suspended at the opening of business on June 16, 2026, and that a Form 25-NSE will be filed with the Securities and Exchange Commission to remove the Company's securities from listing and registration on The Nasdaq Stock Market. The Company may request a hearing before the Nasdaq Hearings Panel (the Panel) to appeal the Staff Determination, pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. A hearing request must be submitted, along with a non-refundable fee of $20,000, no later than 4:00 p.m. Eastern Time on June 16, 2026. There can be no assurance that the Company would be successful in any appeal or that it will be able to regain compliance with Nasdaq's listing requirements within the timeframe that may be provided by the Panel, or at all. Pursuant to Nasdaq Listing Rule 5815(a)(1)(B)(ii)(e), a timely request for a hearing will not stay the trading suspension of the Company's common stock.
New Risk • May 18New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$1.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$1.9m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Negative equity (-US$4.5m). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (US$1.88m market cap).
Reported Earnings • May 18First quarter 2026 earnings released: US$0.36 loss per share (vs US$0.018 loss in 1Q 2025)First quarter 2026 results: US$0.36 loss per share (further deteriorated from US$0.018 loss in 1Q 2025). Revenue: US$1.65m (up 3.5% from 1Q 2025). Net loss: US$6.99m (loss widened US$6.86m from 1Q 2025).
New Risk • Apr 23New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Market cap is less than US$10m (US$2.68m market cap).
Reported Earnings • Mar 30Full year 2025 earnings released: EPS: US$0.092 (vs US$0.084 loss in FY 2024)Full year 2025 results: EPS: US$0.092 (up from US$0.084 loss in FY 2024). Revenue: US$6.61m (flat on FY 2024). Net income: US$758.5k (up US$1.32m from FY 2024). Profit margin: 12% (up from net loss in FY 2024).
お知らせ • Jan 04Functional Brands Inc. Receives Notice of Nasdaq Deficiency Letter for Minimum Bid Price ComplianceOn December 30, 2025, Functional Brands Inc. (the “Company”) received a deficiency letter from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s common stock has been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). The Nasdaq deficiency letter has no immediate effect on the listing of the Company’s common stock, and its common stock will continue to trade on The Nasdaq Capital Market under the symbol “MEHA” at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A) the Company has been provided a compliance period of 180 calendar days, or until June 29, 2026, in which to regain compliance with the minimum bid price requirement. If the Company evidences a closing bid price of at least $1 per share for a minimum of 10 consecutive business days during the 180-day compliance period, the Company will automatically regain compliance. In the event the Company does not regain compliance with the $1 bid price requirement by June 29, 2026, the Company may be eligible for consideration of a second 180-day compliance period if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq’s Capital Market, other than the minimum bid price requirement. In addition, the Company would also be required to notify Nasdaq of its intent to cure the minimum bid price deficiency. If the Company does not regain compliance with the Minimum Bid Price Requirement by the end of the compliance period (or the second compliance period, if applicable), the Company’s common stock will become subject to delisting. In the event that the Company receives notice that its common stock is being delisted, the Nasdaq listing rules permit the Company to appeal a delisting determination by the Staff to a hearings panel. The Company intends to monitor the closing bid price of its common stock and may, if appropriate, consider available options to regain compliance with the Minimum Bid Price Requirement, including initiating a reverse stock split. However, there can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement or will otherwise be in compliance with other Nasdaq Listing Rules.
Reported Earnings • Dec 16Third quarter 2025 earnings released: EPS: US$0.037 (vs US$0.043 loss in 3Q 2024)Third quarter 2025 results: EPS: US$0.037 (up from US$0.043 loss in 3Q 2024). Revenue: US$1.69m (up 21% from 3Q 2024). Net income: US$259.0k (up US$547.1k from 3Q 2024). Profit margin: 15% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue.
Board Change • Nov 06Less than half of directors are independentFollowing Independent Director Lourdes Felix's arrival on 01 November 2025, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Lourdes Felix was the last independent director to join the board, commencing their role in the last week. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.